how to save the housing and mortgage industry

40% would be too much for the average home-buyer, but they would have to think twice about letting the property go into default if they did. I am hearing that foreign investors are snapping up the properties here, not so much the US citizens.

SmarterThanYou said:
require all home loans to have a 40% deposit/downpayment.

http://www.timesonline.co.uk/tol/money/property_and_mortgages/article6074207.ece

This should end well. Can we get Obama to start replacing some of THOSE CEOs?
Click to expand...
 
Yes YP that is our plan and it is working very well.

We are going to allow you to buy many things before we then make it illegal for you to own it , then repatriate it all while waving goodbye to you.
 
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